Manager, Credit

Details of the offer

Business Segment: Corporate & Investment Banking
To manage a portfolio of counterparty credit risks associated with lending, trading, and investing activities, with the primary objective of assessing and managing risk within acceptable parameters as well as managing a team of other Credit Analysts.
Coordinate and ensure that the post-approval implementation of facilities and legal documentation is in accordance with the conditions of sanction. Follow up and address non-adherence to terms and conditions of sanction by counterparties; consider the inherent risk therein and make recommendations as to actions to be taken to regularize or mitigate such increased risk. Coordinate research in respect of industry & market risk in relation to counterparty exposures on the underlying portfolio.
Develop and manage relationships with key internal and external stakeholders proactively. Hold primary relationship with clients and handle all aspects of client interaction including coordinating and execution of transactions. Work closely with the front office to secure deals by providing the appropriate structuring advice at the appropriate DA (Delegated Authority) level.
Ensure the effective management of Credit Portfolio Allocated. Formulate, recommend, and/or evaluate credit proposals, with a comprehensive risk assessment for new or increased facilities, as well as annual risk reviews on the existing portfolio base. This will usually entail visiting the customer and engaging at MD (Managing Director), FD (Financial Director), or FM (Financial Manager) level, and where necessary, present applications to Credit committees consisting of Exco members.
The role is based in Cape Town or Johannesburg. QualificationsDegree in Business Commerce, Risk Management, Finance, or Engineering & BSc (Master's degree is advantageous)1-2 years of experience in Risk & Corporate Affairs, with well-developed knowledge of financial markets, global economy, and appropriate regional geographies in which the portfolio operates.3-4 years of experience with a good understanding of vanilla lending and derivative products and facilities that give rise to counterparty credit risks, including the documentation required/presented to manage that risk.3-4 years of thorough conceptual and practical knowledge of credit procedures, policies, and standards, as well as a thorough understanding of products and facilities that give rise to counterparty credit risk. Understanding of Basel and broader regulatory and compliance requirements.Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any form of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or ******.

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Nominal Salary: To be agreed

Job Function:

Requirements

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